Energy Select Sector SPDR (NYSEARCA:XLE) announced a quarterly dividend on Friday, March 16th, Wall Street Journal reports. Investors of record on Monday, March 19th will be given a dividend of 0.4748 per share by the exchange traded fund on Wednesday, March 21st. This represents a $1.90 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend is Friday, March 16th. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.46.
Shares of XLE stock opened at $67.35 on Friday. Energy Select Sector SPDR has a 1-year low of $61.80 and a 1-year high of $78.39.
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About Energy Select Sector SPDR
Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.
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